7. SELLER will then open an operative 2% performance bond covering the first shipment, and will issue the Insurance covering the full amount of the SBLC which will activate the SBLC payment instrument
6. BUYER then issues non-operative SBLC as stated above.
5. SELLER, within 7 days, will then issue, Bank to Bank, full irrefutable proof of ability to supply the contracted amount.
4. BUYER then send Bank to Bank (with copy direct to SELLER) an RWA (Ready Willing & Able) to the banking co-ordinates provided in the contract.
3. BUYER SIGNS & SEALS and sends back the contract within 48 hrs.
2. SELLER issue new draft contract in favour of the BUYER.
1. BUYER issues new LOI confirming acceptance of the above quantity, payment method and price.
We are related to the supplier of Indian Sugar with a mandate to sell the product. Our terms of trade are by SBLC and the procedure is:
Indian Sugar Available
Delivery Time: | To Be agreed |
Package: | As Required |
Payment Terms: | L/C |
Pure White: | Red |
Model Number: | Cane |
Brand Name: | Sugar |
Place of Origin: | India |
Category: | Sugar |
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